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Facebook Ads Launching Tonight

Facebook, the social media network, will become the advertising network tonight when it launches Facebook Ads. Facebook made the official announcement today at Ad:Tech New York. The new ad network fires a shot across the bows of Google, which is trying to take Facebook head on with its own social-networking platform call OpenSocial.

Facebook Ads is comprised of three parts:

Social Ads: Ads targeted at Facebook members using their profile data.

Beacon: Ad widgets that advertisers can put on their own sites that allow Facebook members to become product endorsers, and spread that endorsement to all of their friends on Facebook through their personal feeds.

Insight: Aggregated profile information that is exposed to Facebook advertisers that tells them what kind of people are getting their ads and who is clicking on them.

With over 50 million users and a very targeted demographic profiling of those users, Facebook is going to be very attractive to brand advertisers. However, I have a feeling Internet marketers will be finding ways to make money off the new platform as well.

Is that an “I already have something planned” smell that lingers around this post, John? 😀

Honestly, I probably won’t be taking advantage of this move as an Internet marketer. As a result, and as a regular FaceBook user, I just hope the adverts don’t take FaceBook to the same place as Myspace (the trash can).

This is interesting because the Facebook crowd is the kind that will click on a lot of stuff I think. I mean, they have to click to do almost anything on that site. I’d like to see what the click thru rate is.

There is also potential that it may be lost in all the applications that are available. It’s already pretty cluttered as it is.

It is time Facebook start monetizing their site to make more money, With so many targeted members, offering adspace within will surely be a considerable offer for marketers who are serious to make a turnover.

Google’s open platform announced is for a revolutionary technology to give smartphone users access to the web. It will take time however and the mobile phone industry apart from, MS are jittery. Facebook have also announced that it is with the permission of their subscribers only information about them will be shared with advertisers.

Haha great, another thing that’ll just clutter up Facebook. I personally liked them much better before their applications. If this affects the layout in a large way it’ll probably be the last nail in the coffin for me.

They have a long way to go. They don’t tell you why you get disapproved and their tracking is non-existent. I didn’t realize they did not accept affiliate links until I read it in these comments. I can’t even find where they have their Terms of Service.

"How I Went From Zero to Over $100,000 a Month"

The Original Dot Com Mogul

John Chow, a damn fine person, friend of the community, Ultimate Fighting Championship contestant, member of the Save the Whales Foundation, the man who controls the black market on baby seal pelts and member of the probably yo’ daddy foundation...

John Chow rocketed onto the blogging scene when he showed the income power of blogging by taking his blog from making zero to over $40,000 per month in just two years.